Rolls-royce Share Discussion Threads

[chavitravi2] 25/8/2021 16:43

Frigging yanks, frigging EU.

[careful] 25/8/2021 16:09

EU to discuss travel curbs on Thursday because of high USA infection rates.

From the IAG thread.
must be the reason for fall.

[chavitravi2] 25/8/2021 16:07

Must be. FTSE & Dow up so not general market.

[careful] 25/8/2021 16:04

IAG had a similar drop at the same time.
must be air travel related.

[hatfullofsky] 25/8/2021 15:59

This is news driven, we just don't have the news yet ... unlike some

[chavitravi2] 25/8/2021 15:59

Bloody hell, just got back in and seen the suprise.
Profit taking I expect.

[hatfullofsky] 25/8/2021 15:58

Nobody is shaking 10bn FTSE 100 company.

[hatfullofsky] 25/8/2021 15:58

Agreed. My airline analogy was to indicate sentiment has swung to higher valuations than pre-COVID in many in the sector (even with raises). The market is saying the companies are stronger with less competition but RR lags the general recovery.

[dickiebird2] 25/8/2021 15:56

Nothing like a good tree shake!!

[reidy66] 25/8/2021 15:35

Got to be regards update to travel restrictions due tomoz .

[hatfullofsky] 25/8/2021 15:27

Why the sudden drop, what have the yanks done now ?

[garth] 25/8/2021 15:27

Hatfull,

mine was not a comment on whether raising funds was good, bad, unusual, etc. Just that they have and, therefore, one cannot appropriately take a pre-raise price and draw a straight line and say "we were there, there is where we should be". Mkt Cap, not price per se.

G.

[nemesis6] 25/8/2021 15:19

As long as that includes the royals and the twerps in the house of lords....oh and people like osborne getting 650k per yr for 1 day a week i tend to agree

[hellscream] 25/8/2021 15:16

21% of the population are economically inactive ([phone] per day boat people) yet you thick people think its brexit LOL, time to end welfare if i had my way.

[medieval blacksmith] 25/8/2021 14:11

Excellent post Porsche.

Brexit and Brexiters are an embarrassment.

[chavitravi2] 25/8/2021 13:51

Oh dear, still remoaning.

[porsche1945] 25/8/2021 13:33

Terminal. U.K. index has put on sub 8 pc in 12 months, US has shot the lights out, dax has put on 15pc and French Bourse 20pc, brexit epic fail, no reason ftse will ever catch up, it is just hated, probably becos nobody has any faith in sterling holding up long term with the tory loonies in charge. Come back Blair ( 2.07 usd to pound under labour )

[ny boy] 25/8/2021 09:50

Onward & upwards, hopefully this one won’t be gobbled up by an overseas predator

(PPS) also starting a nice run off support. dyor as usual

[chavitravi2] 25/8/2021 09:45

The Dow finished up yesterday and FTSE up this morning so hopefully RR will carry on up with the rest of the market. That aside it's still a snip at these prices with the savings made and the world beginning to open up.

[careful] 25/8/2021 09:14

remember the rights.
pre covid price jan 2020 about 181p.

They have taken huge costs out of the business since then and diversified into other promising areas such as nuclear civil and electric.

[hatfullofsky] 25/8/2021 09:05

garth - All airlines raised money, they are now at all time highs. The sentiment will change for RR when long haul returns but that is not the only growth driver here (or cost reduction), that's what the market is slowly realising. Annual saving of GBP1.3bn is significant.

"We delivered further good progress on our fundamental restructuring programme with around 8,000 roles now having been removed and we expect to deliver more than GBP1bn of savings in FY2021 as compared with FY2019. This keeps us on track to achieve our aim of a reduction of at least 9,000 roles and run rate savings of more than GBP1.3bn by the end of 2022"

ITP Aero will remove > 1000 roles

[lukeferrari08] 25/8/2021 08:42

I seem to remember post rights issue, the pre-covid MCap should equate to ~135p and they're a much more robust business now, with the military/gov contracts making up 1/3 of their turnover. Surely this is a long term hold, no?